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and critics of the obama administration warn that setting such a high bar to greater u.s. involvement in that conflict, namely the waging of chemical war by a nation against its own citizenry could be sending the assad regime the wrong message. >> it sort of suggests or implies that anything up to this red line we're not going to take action. and i think it will be disheartening for that reason to the syrian opposition because as we said, shep, 40,000 people have been killed and i think they will will look at this and say, well, you know, how many more people would need to be killed before the international community decides to take action putting aside the question of the chemical weapons. >> now, the fighting in syria has gotten so bad that the united nations announced today it is withdrawing all of its nonessential personnel. about 25 of the remaining 100 u.n. staff who are still in the country expected to be out by week's end, shep. >> shepard: james rosen at the state department. north korea is at it again. set to launch a wrong rage rocket within days, second of the
and critics of the obama administration warn that setting such a high bar to greater u.s. involvement in that conflict, namely the waging of chemical war by a nation against its own citizenry could be sending the assad regime the wrong message. >> it sort of suggests or implies that anything up to this red line we're not going to take action. and i think it will be disheartening for that reason to the syrian opposition because as we said, shep, 40,000 people have been killed and i think...
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Dec 3, 2012
12/12
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what the obama administration and geithner said is massive tax increases and zero reforms. our savings come from not occupying iraq for the next 20 years. the budget they put forward was laughed out of the house and the senate last year. no democrat wanted to agree to that before they ran for re-election. >> but you're making the case because there is still the fundamental question of whether republicans feel beholden to the position that they cannot raise taxes, even if it's mandatory for how government out to operate. >> well, it didn't work that well in greece. not so positive in spain. these countries were deeply committed to your position. no tax increases. >> those states were bankrupted by their overspending. >> no one wanted to pay for it. >> the modern republican party wants less taxes and lower spending. they passed a ryan plan which reforms entitlements, reforms taxes, doesn't raise taxes. it's the democrats who don't have a legislative budget. >> make the case for why you view this the president making a truly balanced approach to not just solving this problem b
what the obama administration and geithner said is massive tax increases and zero reforms. our savings come from not occupying iraq for the next 20 years. the budget they put forward was laughed out of the house and the senate last year. no democrat wanted to agree to that before they ran for re-election. >> but you're making the case because there is still the fundamental question of whether republicans feel beholden to the position that they cannot raise taxes, even if it's mandatory...
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Dec 6, 2012
12/12
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this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few
this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of...
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Dec 3, 2012
12/12
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. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans to close loopholes and limited deductions without raising taxes. >> off the president may disagree but the fact is if there is a another way to get revenue from upper income americans that does not hurt our economy why would we not consider it. >> the president wants to in the bush era tax cuts for people making more than a quarter of a million dollars per year. the average middle-class public to pay about 2000 a year more in taxes. >> there is no reason why 98 percent of americans have to see their taxes go up because some members of congress on the republican side want to block tax rate increases for 2 percent of the most wealthy americans. >> nancy pelosi pushing for a house vote. >> we think it would be a wonderful christmas gift for the american people to receive a tax cut in january. >> we are optimistic. >> republican senator linda grant is pessimistic sang that it is a joke. >> the clock is ticking. i am andrew spenc
. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans to close loopholes and limited deductions without raising taxes. >> off the president may disagree but the fact is if there is a another way to get revenue from upper income americans that does not hurt our economy why would we not consider it. >> the president wants to in the bush era tax cuts for people making more than a quarter of a million...
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Dec 1, 2012
12/12
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the obama administration said it would not support the house bill. but one change can do it. when we know we need more young workers to support a rapidly ageing population, we could let more immigrant in. more immigrants total. it would be good for the economy. good not for nothing, for the immigrants. there is in reason it make immigration, not in america, particularly not when our birthrate is dropping. the fact that people want it come here, that is one of our greatest strengths. we should use it. joining me now, victoria difrancesco soto, thank four being here. >> thank you, ezra. >> you wrote, the removal of this class of visas puts on a dangerous slippery slope towards a restrictive and -- could you expand a bit on the hist hist ri there? >> sure, regrettably we have a bit of a dark history in terms of immigration and excludeing people who we deem desirable and undesirable. starting with the chinese exclusion act, j's agreement, excludeing japanese americans and getting into the 1920s, we have the national origin quotas where you start it see an outright exclusion of so
the obama administration said it would not support the house bill. but one change can do it. when we know we need more young workers to support a rapidly ageing population, we could let more immigrant in. more immigrants total. it would be good for the economy. good not for nothing, for the immigrants. there is in reason it make immigration, not in america, particularly not when our birthrate is dropping. the fact that people want it come here, that is one of our greatest strengths. we should...
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Dec 4, 2012
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that's a big step. >> you can decide as the obama administration has not to defend doma. there's still consequences to doma being on the book and reasons why it has to go away. >> absolutely. >> if you are a same-sex couple and married it in one of the states you're now legally married and one dies you face estate tax situations. >> yeah. >> that a heterosexual couple doesn't. every time you file federal taxes you are treated differently. it says these relationships are lesser. i think we've evolved to a point this country where we accept gay and lesbian people as equal and say their relationships in the federal law are lesser than we're saying they're lesser. >> how it fits with the immigration debate as well. >> certainly. it's presently worth noting that bill clinton should maybe take a page from the joe biden playbook because he after all is the person we have to thank -- >> the joe biden playbook. >> and taking a page from it. >> thank you to ari, joy and frank for joining me today. that is all for us here at "now." see you back tomorrow at noon eastern, 9:00 a.m. pa
that's a big step. >> you can decide as the obama administration has not to defend doma. there's still consequences to doma being on the book and reasons why it has to go away. >> absolutely. >> if you are a same-sex couple and married it in one of the states you're now legally married and one dies you face estate tax situations. >> yeah. >> that a heterosexual couple doesn't. every time you file federal taxes you are treated differently. it says these...
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Dec 3, 2012
12/12
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the obama administration draws a line in the sand over tax hikes. the two sides now seem further apart than ever before. and we have less than a month to go. >>> soledad, a flood of trouble in the west. widespread destruction as storms pound already soggy parts of northern california. >> lots to talk about this morning. we'll have joe linta, the agent for kansas city chiefs linebacker jovan belcher. also talking to florida republican congressman connie mack. california republican mary bono mack will join us as well. also, carlos gutierrez. former giants runningback tiki barber is with us in the studio. it's monday, december 3rd, and "starting point" begins right now. welcome, everybody. our team joining us around the table. barbara starr, cnn's pentagon correspondent. we were talking this morning, it has been literally four years since we've seen each other in person. >> last time i saw you was inauguration day. >> we talk all the time. in person, four years. kamau bell is a median. new york congresswoman nan hayworth. alina cho sticking around to h
the obama administration draws a line in the sand over tax hikes. the two sides now seem further apart than ever before. and we have less than a month to go. >>> soledad, a flood of trouble in the west. widespread destruction as storms pound already soggy parts of northern california. >> lots to talk about this morning. we'll have joe linta, the agent for kansas city chiefs linebacker jovan belcher. also talking to florida republican congressman connie mack. california republican...
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Nov 29, 2012
11/12
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the obama administration was looking for the stimulus measure. they thought it would be hard for republicans to oppose a tax cuts. host: the money rigidly was going where -- the money originally was going where? guest: going to the social security trust fund. it is still going there. it is still going to social security. the treasury is making up the money and still running the money, the discount that folks are getting other taxes. host: through the general fund? how much money was given back or put into the economy? guest: about $100 billion. it is only on the first $110,000 of income. economists see it as a pretty good way to stimulate the economy. host: what is the payroll tax cut with the fiscal cliff? guest: it is expiring. host: by law. guest: if congress does nothing, it will go back to 6.2%. both sides had agreed that its usefulness had run its course and that they should probably let it expire. opponents are worried that by taking money out of a dedicated stream is going to social security could undermine the integrity of the program. e
the obama administration was looking for the stimulus measure. they thought it would be hard for republicans to oppose a tax cuts. host: the money rigidly was going where -- the money originally was going where? guest: going to the social security trust fund. it is still going there. it is still going to social security. the treasury is making up the money and still running the money, the discount that folks are getting other taxes. host: through the general fund? how much money was given back...
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Dec 6, 2012
12/12
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again today some members of the obama administration met with members of congress to discuss the libyan chaos. this story just drip, drip, drip. but in egypt things are getting very intense. as thousands of protesters demonstrate against the muslim brotherhood trying to seize totalitarian powers in that country as we predicted they would. sadly many measures don't care about what happens over seas but author brad thor who writes contemporary thrillers believes there suspect more to the libyan situation than we know. there thor, the author of the book blacklist joins us now from chicago. what's your headline here, brad? >> well, my headline is next week it's going to be three months since the killing of ambassador stevens and we don't know any more now than we did three months ago. and that is not good for our republic. >> bill: do you see because you research your buicks fairly thoroughly. the key to selling books in your genre is to make them realistic that people who read them go you know, this could really happen. so when you are looking at what happened in benghazi, libya, what are
again today some members of the obama administration met with members of congress to discuss the libyan chaos. this story just drip, drip, drip. but in egypt things are getting very intense. as thousands of protesters demonstrate against the muslim brotherhood trying to seize totalitarian powers in that country as we predicted they would. sadly many measures don't care about what happens over seas but author brad thor who writes contemporary thrillers believes there suspect more to the libyan...
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Nov 29, 2012
11/12
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. >> pelley: also today, mark, the obama administration banned b.p. from getting any new contracts to drill on federal property. the administration said b.p. showed "a lack of business integrity." tomorrow, president obama will send his top negotiators to meet tith congressional leaders. they have only weeks now to head off a big tax increase for most americans. the income tax rates will jump automatically january 1. it will be such a shock to the system that it has been called the fiscal cliff. our coverage starts on the white house lawn tonight with major garrett. major. >> reporter: scott, the saesident said for the first time, there is a two-step process to averting the fiscal cliff. republicans must act now to prevent a tax increase for households earning less than $250,000. do that now, president obama said, and he and congress can work out the details of spending cuts later. ( applause ) before a crowd of supporters, the white house invited from the mid-atlantic region, president obama put congressional republicans on notice. >> it's too import
. >> pelley: also today, mark, the obama administration banned b.p. from getting any new contracts to drill on federal property. the administration said b.p. showed "a lack of business integrity." tomorrow, president obama will send his top negotiators to meet tith congressional leaders. they have only weeks now to head off a big tax increase for most americans. the income tax rates will jump automatically january 1. it will be such a shock to the system that it has been called...
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Dec 2, 2012
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administration? >> well, you have to ask the question, why did it take the cia two months from the attack to finally say we're the one that scrubbed the documents given to her. we really knew all along or there was a terrorist based attack, and i if that's the case we have to find out who knew what, when, why we didn't take action and have the he ability to protect the united states ambassador. >> would you be precise? what exactly do you want to know? >> i want to know why the documents didn't contain the correct information from the beginning, or at least weren't corrected in real-time within a few days of the attack when we knew and have heard testimony the united states knew it was an al qaeda-based attack and was not a spontaneous attack, and why for now almost 11 weeks we sat here with misinformation and slowly but surely getting disclosures, first from clapper, and then secretary of state's office, to decollect attention away from the overall. we need an investigation, the facts on the table,
administration? >> well, you have to ask the question, why did it take the cia two months from the attack to finally say we're the one that scrubbed the documents given to her. we really knew all along or there was a terrorist based attack, and i if that's the case we have to find out who knew what, when, why we didn't take action and have the he ability to protect the united states ambassador. >> would you be precise? what exactly do you want to know? >> i want to know why...
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Dec 4, 2012
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administration's first term and there will be a price to pay in our energy costs over the next four years. we hear people saying over and over and over again, americans must pay their fair share. the rich must pay their fair share. everyone must pay their fair share and on that i am in 100% agreement with our president, with leader reid at the other end of this building, with my friends across the aisle, democrats here who want everybody to pay their fair share, i'm in 1 pun% agreement. we -- 100% agreement. we absolutely should do that. make everybody pay their fair share. lots of folks use the metaphor, let's make sure everybody has some skin in the game. well, if you really want to have everyone pay their fair share, there is an easy answer and fortunately it would drive this economy to brand new heights, it would drive this country and our economy to a new economic renaissance. it would be incredible and all of our friends around the country who are suffering, who don't have even $3 a gallon to pay for gasoline, it would help them when they can't handle the rent going up and the
administration's first term and there will be a price to pay in our energy costs over the next four years. we hear people saying over and over and over again, americans must pay their fair share. the rich must pay their fair share. everyone must pay their fair share and on that i am in 100% agreement with our president, with leader reid at the other end of this building, with my friends across the aisle, democrats here who want everybody to pay their fair share, i'm in 1 pun% agreement. we --...
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Dec 2, 2012
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administration. treasury secretary tim geithner said it's up to republicans to make the next move in negotiations. >>> more storm trouble in california with snow and rain hitting the area. some rivers remain in danger from overflowing. >>> now back to "caught on camera." >>> unfortunately, convenience stores can sometimes be targets. but not usually like this. >> i turn, and then there's just a car coming at me. in the dog days of the summer of 2011, it's 16-year-old sammy's last day at a temp job helping out at his father's seven 7-eleven in aurora, colorado, and the high school junior is about to get a back-to-school sendoff he'll never forget. >> there was two people at the store. one was getting a blockbuster from the machine. the other was getting a slurpee. the guy with the slurpee was walking up to the counter. i was talking to the guy and i hear a loud noise coming from my right. it sounded like the movie "transformers." it sounded like a transformer was in our store. and then i turned and sa
administration. treasury secretary tim geithner said it's up to republicans to make the next move in negotiations. >>> more storm trouble in california with snow and rain hitting the area. some rivers remain in danger from overflowing. >>> now back to "caught on camera." >>> unfortunately, convenience stores can sometimes be targets. but not usually like this. >> i turn, and then there's just a car coming at me. in the dog days of the summer of 2011,...
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Dec 1, 2012
12/12
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yesterday the obama administration proposed tax revenue increases of $1.6 trillion over ten years, guaranteed to anger republicans. and it did. ewatt andrews is on capitol hill for us tonight. wyatt? >> reporter: scott, leading republicans are now calling the president's latest fiscal cliff proposals-- and these are quotes-- "unreasonable, not serious even ludicrous." on the negotiations that are necessary to avoid the cliff, here's how house speaker john boehner described the status there. >> no, there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. >> reporter: what set off this reaction was the president's proposal for $1.6 trillion in new taxes over ten years with tst of that coming from a tax hike on single americans making hire than $200,000 and married couples filing jointly making $250,000. boehner has hinted that republicans might raise half of that, $800 billion, but only by reducing tax loopholes. >> getting rid of special interest deductions and not raising rates we think is better for the economy, pure and ecole. >> reporter: there is also a ga
yesterday the obama administration proposed tax revenue increases of $1.6 trillion over ten years, guaranteed to anger republicans. and it did. ewatt andrews is on capitol hill for us tonight. wyatt? >> reporter: scott, leading republicans are now calling the president's latest fiscal cliff proposals-- and these are quotes-- "unreasonable, not serious even ludicrous." on the negotiations that are necessary to avoid the cliff, here's how house speaker john boehner described the...
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>> because americ and president obama's administration ignored the warning signs and what the muslim brotherhood and what radicals are about. when president obama first becameme president and he went to egypt and gave his first address, his first speech in cairo, in ept, he made it a point to invite the muslim brotherhood to the chagrin of the mubarak regime. he insisted that the muslim brotherhood would be sitting in two front seats addressing his speech. that gave them a importance in power gaining respect of america and the support of america. america miscalculated as to who they were supporting in the middle east and they continue this miscalculation right now and unless we wake up and really make a drastic change in our foreign policy america will pay a heavy price down the road. melissa: yeah, dramatic conclusion. thank you so much for coming on. i hope you come back. >> thank you. have a great day. melissa: what's in a name? well apparently $35,000 and counting. one man raking it in for auctioning off his name for an entire year. he is here to explain his brilliant scheme. i l
>> because americ and president obama's administration ignored the warning signs and what the muslim brotherhood and what radicals are about. when president obama first becameme president and he went to egypt and gave his first address, his first speech in cairo, in ept, he made it a point to invite the muslim brotherhood to the chagrin of the mubarak regime. he insisted that the muslim brotherhood would be sitting in two front seats addressing his speech. that gave them a importance in...
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Dec 5, 2012
12/12
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the big story is order from the obama administration to pentagon to get ready for sequestration. tonight on "special report," for the first time, the defense department and other agencies are told to start planning for massive spending cuts that will automatically kick in, if a budget deal is not reached. we take look at what the specific cuts would do to the nation's defense capabilities. you heard a lot lately about possibly curtailing tax deductions as a way to raise revenue the president said republicans want to eliminate charitable deductions. we'll see if it's true to get the latest on the cliff negotiations. president and speaker boehner talked today by phone. syrian president bashar assad sent an envoy to several latin american nation to scout location for asylum. special senators from at 6:00 eastern. back to my colleagues with "the five." ♪ ♪ >> kimberly: treb story of the homeless man given boots from cop on cold night in new york city last month? it turns out he is not hom homeless. jeffrey and the nypd officer became internet sensations after a photographer snapp
the big story is order from the obama administration to pentagon to get ready for sequestration. tonight on "special report," for the first time, the defense department and other agencies are told to start planning for massive spending cuts that will automatically kick in, if a budget deal is not reached. we take look at what the specific cuts would do to the nation's defense capabilities. you heard a lot lately about possibly curtailing tax deductions as a way to raise revenue the...
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Nov 29, 2012
11/12
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the obama administration was looking for the stimulus measure. they thought it would be hard for republicans to oppose a tax cuts. host: the money rigidly was going where -- the money originally was going where? guest: going to the social security trust >> we take you live now to the u.s. capitol and house speaker john boehner. >> the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. momings of his own party seem quite comfortable on sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today i would say two things. first, despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adul
the obama administration was looking for the stimulus measure. they thought it would be hard for republicans to oppose a tax cuts. host: the money rigidly was going where -- the money originally was going where? guest: going to the social security trust >> we take you live now to the u.s. capitol and house speaker john boehner. >> the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. momings of his own...
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Dec 5, 2012
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administration and will ensure the service has what it needs to successful conduct its missions. the legislation includes critical provisions that will have the coast guard and its service members greater parity with the counterparts in the department of defense, something we've worked very hard to achieve. h.r. 2838 has reforms and improvements to the coast guard's acquisition programs and activities. the bill encourages job growth in the maritime sector by cutting e.p.a., t.s.a. and coast guard regulatory burdens on small businesses. finally, the bill enhances the security of u.s. vessels and cruise transiting high-risk waters, re-authorizes the national security aspects of the maritime administration for fiscal year 2013, and makes several important improvements to noaa's marine debris program, as noted by mr. larsen. h.r. 2838 was put together in cooperation with the minority and with our counterparts in the senate. i'd like to thank mr. mica, chairman of the full committee, i'd like to thank mr. rahall, the ranking member of the full committee, but i especially want to thank
administration and will ensure the service has what it needs to successful conduct its missions. the legislation includes critical provisions that will have the coast guard and its service members greater parity with the counterparts in the department of defense, something we've worked very hard to achieve. h.r. 2838 has reforms and improvements to the coast guard's acquisition programs and activities. the bill encourages job growth in the maritime sector by cutting e.p.a., t.s.a. and coast...
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Dec 6, 2012
12/12
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WJLA
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the issue of course has the full attention of the obama administration. >> our concerns are that an increasingly desperate assad regime might turn to chemical weapons or might lose control of them to one of the many groups that are now operating within syria. >> syrian ground forces and rebels have been battling in and around syrian capital of damascus. it is now estimated that more than 40,000 people have been killed in violence in march 2011. >> just an atrocity there. >>> now to the pink slips at citigroup. the company is slashing 11,000 jobs worldwide. about 4% of its work force. more than half of those cuts will come from consumer banking. and they're aimed at saving $900 billion next year alone. investors were apparently pleased. because citi stocks shot up more than 6%. >>> the world's biggest coffee chain is about to get even bigger. starbuck's is planning to add 1,500 cafes across the country over the next five years and another 1,500 in canada and latin america. the company has big expansion plans in china. there are currently more than 18,000 starbuck's around the globe. they're now c
the issue of course has the full attention of the obama administration. >> our concerns are that an increasingly desperate assad regime might turn to chemical weapons or might lose control of them to one of the many groups that are now operating within syria. >> syrian ground forces and rebels have been battling in and around syrian capital of damascus. it is now estimated that more than 40,000 people have been killed in violence in march 2011. >> just an atrocity there....
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Nov 30, 2012
11/12
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KGO
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so, today, the obama administration, as promised, responded to this. >> hey. how you doing? i'm anthony caprise, president obama's special envoy for talking to the people from seceding from the [ bleep ] union. president obama got your little petition. he read it, he mulled it over and here's his response. nobody -- nobody is seceding from no union. nobody! you got it, texas? good. now, go eat some [ bleep ] barbecue or whatever the [ bleep ] it is that you do. he's barack obama, and he approved this [ bleep ] message. [ applause ] >> jimmy: he's got that, i guess. this is a good video. this happened in london. this is in the tottenham court road tube station. you can see an apparently drunk businessman attempting to walk down the up escalator. luckily someone stopped to record this event. [ laughter ] as it occurred. most people just passed him by. some people had some things to say. this woman tried to -- actually tried to help him. she went back and tried to turn him around but the great thing is, she's trying to turn him around, the guy looks back at her like she's crazy
so, today, the obama administration, as promised, responded to this. >> hey. how you doing? i'm anthony caprise, president obama's special envoy for talking to the people from seceding from the [ bleep ] union. president obama got your little petition. he read it, he mulled it over and here's his response. nobody -- nobody is seceding from no union. nobody! you got it, texas? good. now, go eat some [ bleep ] barbecue or whatever the [ bleep ] it is that you do. he's barack obama, and he...
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Dec 7, 2012
12/12
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CNNW
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revenue has gone up every year of the obama administration and now, we're at historic highs. the same as we were five years ago. the difference is, our spending has increased a trillion dollars. >> yeah, but a lot of that spending is things to help the economy. it's the payroll tax cut extension, which your party supported. it's extending unemployment benefits. it's things like that. t the war. >> that's going to be the challenge of the whole perspective. we've got two philosophies. one says we're spending too much. the other saying we're not spending enough. that's hurting our economy. obviously, the last four years have been more focused on the spending. we continue to pile up more and more debt, we've crossed 100% of debt to gdp. >> but you're line of thinking, i feel like we end up in a situation where all you doe is keep cutting taxes. you start to have a revenue problem. you give a payroll tax, you don't want to tack it away. you keep giving out things and never take them back. >> well, that's the same thing we do on the spending side. >> all those agencies -- is now st
revenue has gone up every year of the obama administration and now, we're at historic highs. the same as we were five years ago. the difference is, our spending has increased a trillion dollars. >> yeah, but a lot of that spending is things to help the economy. it's the payroll tax cut extension, which your party supported. it's extending unemployment benefits. it's things like that. t the war. >> that's going to be the challenge of the whole perspective. we've got two philosophies....
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revenue has gone up every single year in the obama administration, and now we're at historic highs. the difference is our spending increased a trillion dollars from five years ago, but the revenue is the same. >> a lot of that spending is things to help the economy, right? it's the payroll tax cut extension, which your party supported, right? it's extending unemployment benefits and things like that. it's the war. >> right. that's going to be the challenge of the whole perspective right now. we have two philosophies. one is saying we're spending too much and the other is saying we don't spend enough. obviously the last four years are spending more to stimulate. i'm not sure if that will work long-term. we've crossed 100% of debt to gdp. i don't think that gets better as you get higher. >> the only thing that confuses me about it, i feel like in a situation where all you do is keep cutting taxes and have a revenue problem, right? you give a tax cut to the middle class you don't want it to take it away from them. you keep giving out things p and you never take them back. >> well, that
revenue has gone up every single year in the obama administration, and now we're at historic highs. the difference is our spending increased a trillion dollars from five years ago, but the revenue is the same. >> a lot of that spending is things to help the economy, right? it's the payroll tax cut extension, which your party supported, right? it's extending unemployment benefits and things like that. it's the war. >> right. that's going to be the challenge of the whole perspective...
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is this the fight that the obama administration really wants to take up freshly inaugurated, freshly into its new term to try to map out big, bold leadership instead of digging these trenches down the line that are going to have pitfalls and stakes all buried in it? >> i come from the school of thought that this country has overcome a lot more than just a few extra dollars. i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe that we're going to go into a huge, deep recession again if these bush tax cuts expire. i do believe that you can strengthen the economy if you let everything go off the cliff and come back and put in front of the american people and do a better job for the economy. there's up side either way you go. the president has got boehner in an untenable position. he doesn't have very many avenues to a victory right now but he's got a good escape, thomas. all john boehner has to do to exit out of this quickly is to say he won the election, we didn't, the american people in every survey say this is where we're
is this the fight that the obama administration really wants to take up freshly inaugurated, freshly into its new term to try to map out big, bold leadership instead of digging these trenches down the line that are going to have pitfalls and stakes all buried in it? >> i come from the school of thought that this country has overcome a lot more than just a few extra dollars. i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe...
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and what the obama administration has made very clear is it's got to be tax rate. well, the republicans are saying, doesn't have to be the tax rate. you can come up with other money closing loopholes and deductions and stuff like that. so right now it's just a dance, somebody's got -- the republicans have to come up with a formal offer. >> gretchen: i was going to say, they don't have a plan. >> steve: we've heard the president's plan. it's crazy, according to the republicans. now it's time for the republicans to come out with a plan and then have the democrats say, no, that's crazy. >> gretchen: one thing is for sure, nobody is going to get everything that they want. that's just the way it is, i think, in this very difficult situation. both sides are going to have to compromise. >> brian: i think the rolling stones sang about satisfaction and you can't always get it. >> steve: you can't get no. >> brian: we'll go over that and maybe sing it. costco is a company in which the president always leans on the ceo, the guy in charge, to show that he's in touch with ameri
and what the obama administration has made very clear is it's got to be tax rate. well, the republicans are saying, doesn't have to be the tax rate. you can come up with other money closing loopholes and deductions and stuff like that. so right now it's just a dance, somebody's got -- the republicans have to come up with a formal offer. >> gretchen: i was going to say, they don't have a plan. >> steve: we've heard the president's plan. it's crazy, according to the republicans. now...
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is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy hasn't changed during that time. tax policy is exactly the same. you hear in the newspaper all the time, mr. speaker, the bush tax cuts. i don't know that that has meaning anymore. in 2001 and 2003 we did do some dramatic changes to tax policy. president obama extended all of those changes in 2010. that's the law of the land still today. tax policy has been exactly the same over this continuum. what has changed, mr. speaker, what has changed is the spending. the reason deficits have grown not one, not two, not three but almost four times larger than the pre
is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy...
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after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck. so the lack of progress is not yet resulted in a market plunge. but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times square. the deadline is before that, a week from friday when the house of representatives is scheduled to go on vacation. in actuality there are fewer than 11 days before they need to work out a deal. jake tapper
after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and...
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. >> with just 27 days to go, republicans are not talking with the obama administration and the president is only talking on tv. major garrett is at the white house. good morning. >> reporter: good morning, charlie and norah. yesterday at the white house there were vague references to conversations about the the fiscal cliff with congress iion republicans. i can confirm this morning through my sources here at the white house and on capitol hill that there were no substantive conversations or negotiations yesterday at all. no formal e-mails, to conversations, nothing. house speaker boehner's countdown led to the lighting of the capitol hill christmas tree last night. >> three, two, one. >> reporter: but washington is counting down this month to the dark unknown of the fiscal cliff. >> thanks for having me. >> reporter: on his first view sbr interview on the fiscal cliff, he rejected john boehner's proposal. >> unfortunately the speaker's proposal is out of balance. >> reporter: raising taxes on households earning more than $250,000. >> we'll have to see the rates on the top 2% go up. we're
. >> with just 27 days to go, republicans are not talking with the obama administration and the president is only talking on tv. major garrett is at the white house. good morning. >> reporter: good morning, charlie and norah. yesterday at the white house there were vague references to conversations about the the fiscal cliff with congress iion republicans. i can confirm this morning through my sources here at the white house and on capitol hill that there were no substantive...
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house speaker calling on the obama administration to respond to the republicans' deficit proposal. president obama is at 9:00 eastern followed by speaker boehner. >> this weekend on c-span 3's american history tv, follow harry truman's eldest grandson to japan. >> everybody has their own view what happened and i don't want to argue survival to anyone in japan about the history. we're past that. and my whole purpose for being here is to listen to the living and to do what i can. >> sunday at 9:00 p.m. eastern on c-span 3. >> the supreme court will look at what was passed in 2008 by a majority of 6-3 i believe and going to say that is precedent. and indiana had a -- >> they decided on the indiana case. it was constitutional for them to establish i.d. they did not say that all of those states -- >> correct, they talked about indiana. let me finish because you misrepresented what i said. >> no, i didn't. >> the supreme court is the law of the land. >> when i hear these accusations that black people, voter i.d. laws disproportionately affect minorities -- it says to me that we have some
house speaker calling on the obama administration to respond to the republicans' deficit proposal. president obama is at 9:00 eastern followed by speaker boehner. >> this weekend on c-span 3's american history tv, follow harry truman's eldest grandson to japan. >> everybody has their own view what happened and i don't want to argue survival to anyone in japan about the history. we're past that. and my whole purpose for being here is to listen to the living and to do what i can....
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and timothy geithner headed up negotiations for the obama administration says the deal will be hard to come by without tax hikes for higher income americans and republican leaders led by house speaker john boehner calling the president's proposal essentially a waste of time. >> i was flabbergasted. >> we've the got seven weeks between election day and the end of the year, and three of those weeks have been wasted. >> steve centanni kicks off our college tonight from washington d.c. steve, where exactly do we stand tonight? >> well, harris, democrats are hoping republicans to raise taxes on the wealthy and the republicans are accusing the white house of wasting time. and saying that he didn't have a serious proposal when he reintroduced a plan to reduce 4 trillion dollars. >> the president asking for 1.6 trillion dollars worth of new revenue over ten years, twice as much as he's been asking for in public. his system spending in here that exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. >> but so far it's the only white house offer on the table
and timothy geithner headed up negotiations for the obama administration says the deal will be hard to come by without tax hikes for higher income americans and republican leaders led by house speaker john boehner calling the president's proposal essentially a waste of time. >> i was flabbergasted. >> we've the got seven weeks between election day and the end of the year, and three of those weeks have been wasted. >> steve centanni kicks off our college tonight from washington...
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bush 43 has been fairly quiet throughout the first term of the obama administration. now the president has been reelected, george w. bush sort of comes out a little bit to make this big address, why? what is the timing about, do you think? >> i think the timing was shrewd. he really made a point of staying quiet during the first couple of years of president obama's administration, saying that he wanted the about the to be able to do his job, he didn't think he needed a former president to go out there and do somed tore ra some editorializing. he gave some peaches, enjoyed his life. he was not the subject of any praeurbgsz in fact not the subject at all at the republican convention in tampa in august. as mitt romney was trying to win the presidentee again, george w. bush was really a recluse. i think now that the election is over the republicans lost. he wants to have a role in one of his causes. immigration is a passion he shares with his brother jeb, former governor of florida who is thinking of his own political future and possibly a white house run and wants to hel
bush 43 has been fairly quiet throughout the first term of the obama administration. now the president has been reelected, george w. bush sort of comes out a little bit to make this big address, why? what is the timing about, do you think? >> i think the timing was shrewd. he really made a point of staying quiet during the first couple of years of president obama's administration, saying that he wanted the about the to be able to do his job, he didn't think he needed a former president to...
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and were increased by the obama administration. the report is not political in any way shape or form. it endorses things that are supported by the right in some cases and that are supported by people on the left. you cannot just take the parts that you like. you have to take the holistic approach, to maximize u.s. production and to reduce consumption partly by diversifying our transportation sector away from petroleum. the last thing i will say is that petroleum use in transportation is the pivot point of this entire problem. 70% of our use of petroleum in this country is for transportation. transportation is fueled about 93% of the time by petroleum. if you want to reduce the united states' dependence on imported petroleum and the related geopolitical issues, particularly in an issue when rising demand is creating a potential conflict for these resources, then you have to recognize transportation has to be diversified away from petroleum or the prices are set on the world market. canada and norway have been net petroleum exporters
and were increased by the obama administration. the report is not political in any way shape or form. it endorses things that are supported by the right in some cases and that are supported by people on the left. you cannot just take the parts that you like. you have to take the holistic approach, to maximize u.s. production and to reduce consumption partly by diversifying our transportation sector away from petroleum. the last thing i will say is that petroleum use in transportation is the...